Thread: Investing 102
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Old 12-28-2017, 05:30 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by Flash68 View Post
No one guarantees my business survives any given year, competitor attack, or economic shift, etc. We must adapt and persevere. We all do if we own a business of any kind.

I despise Jeff Bezos but I love the business of Amazon and the disruptor role they play. Why should I feel sorry for FedEx or UPS or anyone else? I don't (not saying any of you do, I'm just saying).

Just like Uber.... do any of you feel sorry for the traditional mafia taxi cab companies?

LOL

I do feel sorry for the mom and pop main street type businesses though that are hurting in small towns like I grew up in. My mom still scolds me for using Amazon as much as I do. Sorry Mom.




A buddy here is CEO of a high tech import company ---- what they did was to set up a division that sells via Amazon..... said they were just killing it -- and that while it's harder to gain some traction -- Amazon offers training and all manor of "aid" to get you up and running....MOM AND POP Kettle are capable of doubling or tripling their business if they'd get on the wagon instead of slowly wasting away.
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